News Release Content

ICI Welcomes SEC Guidance on Soft Dollars New Release Ensures Commission Arrangements Work for Investors’ Interests Washington, DC, July 12, 2006 - Investment Company Institute President Paul Schott Stevens issued the following statement today on the Securities and Exchange Commission...

ICI Applauds House Passage of Credit Ratings Agency Bill Washington, DC, July 12, 2006 - Investment Company Institute President Paul Schott Stevens issued the following statement today on the House of Representatives’ passage of H.R. 2990, the Credit Rating Agency Duopoly Relief Act:...

ICI Issues Statement on Confirmation of Henry Paulson as Treasury Secretary Washington, DC, June 28, 2006 - Investment Company Institute President Paul Schott Stevens today issued the following statement on the U.S. Senate’s vote confirming Henry M. Paulson Jr. to serve as Secretary...

ICI Statement on Confirmation of SEC Commissioner Kathleen L. Casey Washington, DC, June 16, 2006 - Investment Company Institute President Paul Schott Stevens today issued the following statement on the U.S. Senate’s vote confirming Kathleen L. Casey as a Commissioner of the...

ICI Details Project to Extend XBRL to Key Investor Information Institute Urges SEC to Update Mutual Fund Disclosure for 21st Century Washington, DC, June 12, 2006 – The Investment Company Institute today announced the start of a major project to link the power of interactive data to...

Mutual Fund Costs Continued to Decline in 2005 Average Fees Paid by Investors at Lowest Levels in More Than 25 Years, Latest Research Shows Washington, DC, June 12, 2006 - The cost of owning mutual fund shares fell again last year, to the lowest levels in more than 25 years, according...

Mutual Fund Buyers Focus on Fees, Performance, Risk Most Rely Upon Professional Advisers and Prefer Concise Information Washington, DC, May 18, 2006 – Mutual fund investors focus primarily on fees, historical performance, and risk when purchasing funds, according to a survey released...

Are African Americans Investing for the Long-Term? Local Personal Finance Workshop Outlines Seven Steps to Get Started Contacts: Ricky Clemons, NUL, 212/558-5371 Denise Murray, ICI, 202/371-5420 Washington, DC, May 18, 2006 - Studies have indicated that despite a significant increase...

ICI Issues Statement on Glassman’s Decision to Leave the Securities and Exchange Commission Washington, DC, May 15, 2006 - Investment Company Institute President Paul Schott Stevens today issued the following statement on the announcement that Cynthia Glassman will step down from the...

ICI Applauds Congress for Extending 15 Percent Tax Rate on Capital Gains and Dividends To Encourage Savings and Investment Washington, DC, May 11, 2006 – ICI President Paul Schott Stevens today offered the following statement regarding this week’s House and Senate passage of the Tax...